Opening Balances After Year-End Closing in Business Central D365 ERP

(0) Share

Report

Posted on by PS-20050952-0

hello,

In Microsoft Dynamics 365 Business Central ERP, I have closed the previous fiscal year (2024) and posted the retained earnings. I followed these steps:

Closed the accounting period.
Posted the "Close Income Statement" batch job.(retain earnings journal )

Now, my question is:

Where can I find the opening balances in the Chart of Accounts (COA)?
Are the opening balances automatically transferred after closing the year, or do I need to manually post them?

I would appreciate any guidance on this process. Thanks!

Categories:

Dynamics 365 Business Central

Microsoft Dynamics NAV

I have the same question (0)

All responses (1)

Answers (1)

Verified answer

Yi Yong 2,704 Super User 2026 Season 1 on at

Like (1)

Report
Copy link

Link copied!

Hello,

You can always filter the Chart of Accounts page to the previous FY period for the balances.

You need to manually post them after running "Close Income Statement".

This function will only create the entries on the selected journal batch.

Was this reply helpful? Yes No